Holding coins - page 5. | Bitcointalksearch.org

maydna

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Quote from: Resident Evil on January 20, 2019, 12:13:10 PM

Exchanges now are not a safe place for storing crypto. If you have money you can buy Ledger(strongly recommend), or use MEW for ETH and ERC-20 tokens. Or use blockchain wallet of crypto which you have.

Ledger is enough to store bitcoin, altcoin, and tokens base on ethereum especially with a ledger release a new version hardware called Ledger Nano X that supports more tokens in the hardware.

I am sure there are any exchanges that still safe for storing coins, but it's not recommended to store all of the coins in the exchanges. But if we are day trading, then it is fine to keep for a while in the exchanges because we can directly withdraw the profit in bitcoin to the other wallet.

stadus

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Quote from: akram143 on January 20, 2019, 06:28:21 PM

Quote from: seleme on January 20, 2019, 02:47:38 PM

Quote from: Resident Evil on January 20, 2019, 12:13:10 PM

Exchanges now are not a safe place for storing crypto. If you have money you can buy Ledger(strongly recommend), or use MEW for ETH and ERC-20 tokens. Or use blockchain wallet of crypto which you have.

Cryptopia is perfect example for this case. After news about hacked exchanges i also withdrew coins to my ledger wallet. Even blockchain online wallet is not safe for storing crypto and there are bad rumors about their reliability. Cryptopia is perfect example for this case.

The big mistake people are doing in this situation is investing and get very quickly but it is not good for them also without getting huge profit how we can develop our monthly income so cold for at least some more extra time it will good for the development and very useful for stability of cryptocurrency especially Bitcoin so holding for long term investment will be the good idea now.

Some are storing their money on exchanges as it's easier to access and they can also trade easily.
Though there is a risk but they are willing to take that risk and therefore for whatever happen, in case exchange
will be hack, they should not blame anyone, it should be themselves.

It's alright to store in exchanges, make sure you don't only trust one for your assets, and for long term hold, better put it in a hard wallet for proper safekeeping.

akram143

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Quote from: seleme on January 20, 2019, 02:47:38 PM

Quote from: Resident Evil on January 20, 2019, 12:13:10 PM

Exchanges now are not a safe place for storing crypto. If you have money you can buy Ledger(strongly recommend), or use MEW for ETH and ERC-20 tokens. Or use blockchain wallet of crypto which you have.

Cryptopia is perfect example for this case. After news about hacked exchanges i also withdrew coins to my ledger wallet. Even blockchain online wallet is not safe for storing crypto and there are bad rumors about their reliability. Cryptopia is perfect example for this case.

The big mistake people are doing in this situation is investing and get very quickly but it is not good for them also without getting huge profit how we can develop our monthly income so cold for at least some more extra time it will good for the development and very useful for stability of cryptocurrency especially Bitcoin so holding for long term investment will be the good idea now.

seleme

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Quote from: Resident Evil on January 20, 2019, 12:13:10 PM

Exchanges now are not a safe place for storing crypto. If you have money you can buy Ledger(strongly recommend), or use MEW for ETH and ERC-20 tokens. Or use blockchain wallet of crypto which you have.

Cryptopia is perfect example for this case. After news about hacked exchanges i also withdrew coins to my ledger wallet. Even blockchain online wallet is not safe for storing crypto and there are bad rumors about their reliability. Cryptopia is perfect example for this case.

kkaroul4

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Quote from: Sunyoto on January 17, 2019, 09:53:32 AM

I keep a bitcoin in my personal wallet and for me it's also very safe, even though I keep it for years, and for me it's also our easy way to trade.

therefore security is very important to keep our assets from being hacked, because in holding it will be comfortable if the security of our assets is guaranteed and very strong

Resident Evil

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Exchanges now are not a safe place for storing crypto. If you have money you can buy Ledger(strongly recommend), or use MEW for ETH and ERC-20 tokens. Or use blockchain wallet of crypto which you have.

Best Dreams

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Quote from: Sum24 on January 19, 2019, 10:09:11 AM

Quote from: Anies_Sandi on January 17, 2019, 01:13:16 AM

Quote from: TitanGEL on January 11, 2019, 12:35:20 AM

Quote from: faceoff97 on December 18, 2018, 11:23:51 AM

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?

As a holder, my advice is you should store your coins in a safe storage before you do hodl. Holding coins in a exchanger is really a risky decision because you do not have control to your coins. It is really good to store our coins in a hardware wallet for us to ensure the safety of our coins.

absolutely right and don't forget to strengthen the security of our wallets, because now there are so many hackers in the crypto world that will target our valuable assets

To hold a coin the most imports t thing you need to consider is your wallet because there are so many jackets who are ready to hack up your coin but they only way to escape is using proper wallet holding is best option now a days because price is increasing but not reached at peak yet so hold in blockchain safely .

Choosing a wallet is not a big deal now as there are so many but the best wallet which we can use to keep our bitcoin safe is blockchain. I prefer using blockchain than going for multi sites. Holding is key to be rich in crypto currency investment because for now nothing can be better than keep on holding our coin as it’s not fully recovered so hold patiently.

enawati

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Dont hold your coin on the crypto exchange, and hold there only if you want to trade. Too many issue of crypto exchange get hacked. In the beginning of this year, cryptopia exchange get hacked and we can not guarantee others exchange avoid the same issue. For long term hold , much better keep the coins on the private wallet that you have own control with the private key.

semobo

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Quote from: faceoff97 on December 18, 2018, 11:23:51 AM

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet like electrum and Hodler wallet?

Definitely it is not going to be exchanges because you can see that many exchanges where hack in the recent times. Better to store your bitcoins in the wallet where you have the private case like electrum if you are holding high amount of bitcoins then you should probably buy a hardware wallet.

fibrolit

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Hackers improve their skills,they do not stand still. Every week I see news that hackers broke into some kind of exchange or wallet. There is no 100% protection when you store money on the exchange or your own wallet. It is best to have several wallets and several accounts on exchanges and diversify risks.

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Quote from: faceoff97 on December 18, 2018, 11:23:51 AM

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet like electrum and Hodler wallet?

I would prefer to store and keep my coins in a safer wallet. As for me, it is better to keep it safe in a hard wallet because I find it less risky. It is important that we'll know where and how to keep all our earnings safe and secured. I have been keeping my earnings in there for a long time and my earnings are safe there.

Goodvalony

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it all depends on the coins we are talking about here. the top most coins have good wallets for storing. the likes of Nano, coinomi, electrum, etc. currently, Most projects do have there
wallet and encourage users to use there wallet. we can not download the entire wallets found in the cryptospace because some are virus. people should be careful with the kind of wallets they use to store their tokens to avoid loosing your hard earn tokens.

Sum24

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Quote from: Anies_Sandi on January 17, 2019, 01:13:16 AM

Quote from: TitanGEL on January 11, 2019, 12:35:20 AM

Quote from: faceoff97 on December 18, 2018, 11:23:51 AM

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?

As a holder, my advice is you should store your coins in a safe storage before you do hodl. Holding coins in a exchanger is really a risky decision because you do not have control to your coins. It is really good to store our coins in a hardware wallet for us to ensure the safety of our coins.

absolutely right and don't forget to strengthen the security of our wallets, because now there are so many hackers in the crypto world that will target our valuable assets

To hold a coin the most imports t thing you need to consider is your wallet because there are so many jackets who are ready to hack up your coin but they only way to escape is using proper wallet holding is best option now a days because price is increasing but not reached at peak yet so hold in blockchain safely .

ethereumhunter

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Quote from: drachman on January 17, 2019, 06:19:18 PM

Quote from: faceoff97 on December 18, 2018, 11:23:51 AM

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet like electrum and Hodler wallet?

The choice is easy get a hardware wallet, most hardware wallets now support many coins so it is likely your favourite projects are there or will be added shortly, but do not make the mistake of holding your coins in an exchange, there has been recently a hack to remind us that regardless of the security exchanges implement it will be impossible to secure them completely.

And for a hardware wallet, I prefer to use ledger s nano or ledger x nano (which already release). That wallet supports many coins even for erc20 tokens, so you don't have to be a worry if you want to move your tokens from mew to the hardware wallet. Like many other people, I still holding coins in my wallet, some in the exchange, some in the Android phone, some in the offline wallet and hardware wallet which support many coins.

drachman

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Quote from: faceoff97 on December 18, 2018, 11:23:51 AM

Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet like electrum and Hodler wallet?

The choice is easy get a hardware wallet, most hardware wallets now support many coins so it is likely your favourite projects are there or will be added shortly, but do not make the mistake of holding your coins in an exchange, there has been recently a hack to remind us that regardless of the security exchanges implement it will be impossible to secure them completely.

Dudeperfect

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I am using the paper wallet, hardware wallet as well as the web wallet but I rarely keep more than 5 to 10% funds online on any third party wallet. I believe that web wallet gives us flexibility but when blockchain is providing us the opportunity to hold our own funds without relying on third parties then we should certainly take that advantage and hold funds offline.

babarian

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I have a few bitcoins in my wallet, and until now I am still holding, with the reason that the price in the market is very falling, so I decided to keep holding it.

Kolder

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Quote from: Finestream on January 17, 2019, 11:02:27 AM

Quote from: Sunyoto on January 17, 2019, 09:53:32 AM

I keep a bitcoin in my personal wallet and for me it's also very safe, even though I keep it for years, and for me it's also our easy way to trade.

Same with mine too.I preferred to keep my coins in my own wallet where i have my own private keys.Atleast i know it would be more safer than just keeping it in some exhanges and pay some amount.There's no other wallet that is more trusted and safer than your own.Of course we should be responsible too to keep it secured all the time.

If we have no plans of using it yet, then keeping it in our own is the best way, we all know that crypto will have its time again, so better secure our altcoins until we can trade them high again.

Finestream

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Quote from: Sunyoto on January 17, 2019, 09:53:32 AM

I keep a bitcoin in my personal wallet and for me it's also very safe, even though I keep it for years, and for me it's also our easy way to trade.

Same with mine too.I preferred to keep my coins in my own wallet where i have my own private keys.Atleast i know it would be more safer than just keeping it in some exhanges and pay some amount.There's no other wallet that is more trusted and safer than your own.Of course we should be responsible too to keep it secured all the time.

Sunyoto

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I keep a bitcoin in my personal wallet and for me it's also very safe, even though I keep it for years, and for me it's also our easy way to trade.

Topic: Holding coins - page 5. (Read 2353 times)